Enterprise Products Partners L.P.s in-depth data and chart pattern analysis indicates that the stock price has rallied 10.05% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.18% . Looking at the past 52 week period, the stock price is up at 21.28% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Enterprise Products Partners L.P. has a positive value of 9.83 compared to overall market.
Enterprise Products Partners L.P. stock has recorded a 20-day Moving Average of 2.59% and the 50-Day Moving Average is 0.79%.The 200 Day SMA reached 2.42%Enterprise Products Partners L.P. is having a Relative Strength Index of 42.07 which indicates the stock is not yet over sold or over bought based on the technical indicators.Enterprise Products Partners L.P. (NYSE:EPD) has tumbled 3.22% during the past week and has dropped 3.99% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.88%. Enterprise Products Partners L.P. (NYSE:EPD) has underperformed the index by 6.93% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Enterprise Products Partners L.P. (NYSE:EPD) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.44 points or 1.55% at $27.93 with 4,047,990 shares getting traded. Post opening the session at $28.25, the shares hit an intraday low of $27.7 and an intraday high of $28.2501 and the price was in this range throughout the day. The company has a market cap of $58,770 million and the number of outstanding shares has been calculated to be 2,104,197,400 shares. The 52-week high of Enterprise Products Partners L.P. (NYSE:EPD) is $30.25 and the 52-week low is $21.75.
Currently the company Insiders own 37.5% of Enterprise Products Partners L.P. shares according to the proxy statements. Institutional Investors own 36.91% of Enterprise Products Partners L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 43.83%. Company has reported several Insider transactions to the SEC, on Feb 6, 2017, James T Hackett (director) purchased 33,000 shares at 28.65 per share price.On Nov 16, 2016, Carin Marcy Barth (director) purchased 4,000 shares at 25.27 per share price.On Mar 9, 2016, Randa Duncan Williams (director 10% owner) purchased 10,000 shares at 24.00 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Barclays on Jan 31, 2017 to Overweight, Raises Price Target to $ 33 from a previous price target of $31 .
Enterprise Products Partners L.P. Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.32. The company had revenue of $6478.80 million for the quarter, compared to analysts expectations of $5992.03 million. The companys revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.
Enterprise Products Partners L.P. is a leading integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. The Company fractionates for a processing fee mixed NGLs produced as by-products of oil and natural gas production into their component products: ethane, propane, isobutane, normal butane and natural gasoline; converts normal butane to isobutane through the process of isomerization; produces MTBE from isobutane and methanol; and transports NGL products to end users by pipeline and railcar.